Deutsche Beteiligungs (DBAN) AI Stock Analysis

• Market Cap: €454.14M
• Dividend Yield: 5.13%
• Average Volume (3M): 10.89K
• Price to Earnings (P/E): 7.2
• Beta (1Y): 0.75
• Revenue Growth: 16.97%
• EPS Growth: -54.69%
• Country: DE
• Employees: 97
• Sector: Financial
• Sector Strength: 67
• Industry: Asset Management
• EPS (TTM): N/A
• Shares Outstanding: 18,804,993
• 10 Day Avg. Volume: 12,583
• 30 Day Avg. Volume: 10,890
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €36.73
• Price Target Upside: 50.84% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 74 Outperform
• Price Target: ―

Deutsche Beteiligungs exhibits strong financial stability with zero debt and a solid equity base. Despite challenges in revenue volatility and profitability, the company is financially resilient. The technical analysis shows a generally positive trend, though some caution is warranted due to mixed momentum indicators. The valuation is favorable with a low P/E ratio and a strong dividend yield, making it attractive for value and income investors.

Deutsche Beteiligungs Business Overview & Revenue Model

Company Description

Deutsche Beteiligungs AG is a private equity firm specializing in direct and fund of fund investments. Within direct investments the firm specializes in expansion capital, management buyout, middle market, growth capital, add-on acquisitions, bridge financing, management buy-ins for experienced executives, corporate spin-offs, succession arrangements and generational transition in a family-owned business, small and medium-sized companies and pre-IPO stage investments. Within fund of fund investments the firm invests in private equity funds. It does not invest in start-up and early stage companies. The firm prefers to invest in automotive suppliers, industrial, mechanical and plant engineering, businesses develop, building supplier, measurement and automation technology, specialty chemical, support service providers, printing, media, broadband/telecommunication, IT services/software, healthcare and packaging sectors. It also prefer to invest in manufacture industrial components for very different customer sectors, produced machines and plants for various customer sectors, industrial support services, and logistics. It have accessed business models and invested very successfully in other sectors as well. The firm primarily seeks to invest in companies headquartered or having significant business relationships in Germany Mittelstand, DACH (Austria, Switzerland and Germany) France, Netherlands, United States of America, European neighboring countries, and in German speaking European countries. Within European Emerging Markets, it prefers to invest in Czech Republic, Hungary, Poland, and Slovakia. The firm typically invests between €10 million ($11.07 million) and €75 million ($105.61 million) in companies with revenues between €30 million ($55.33 million) and €500 million ($704.12 million) and enterprise value between €35 million ($35.26 million) and €300 million ($422.47 million), but may also consider investments in smaller companies or participating in larger transactions. In individual instances, it also prefers structure transactions, in which the enterprise value exceeds this range and which require equity capital investments of up to €200 million ($235.19 million). It can also co-invest with other firms. The firm seeks to take majority or minority stakes in its portfolio companies. It prefers to invest in split-offs of peripheral activities from large corporations, a sale from the portfolio of another financial investor, and a capital requirement to fund a company's growth. The firm seeks to take seats on the portfolio companies' advisory councils or supervisory boards. It typically holds its investment for a period of eight years. Deutsche Beteiligungs AG was founded in 1965 and is based in Frankfurt am Main, Germany and additional offices in milan, Italy.

How the Company Makes Money

Deutsche Beteiligungs AG generates revenue primarily through the acquisition, management, and eventual sale of equity stakes in mid-sized companies. The company makes money by investing in these businesses and working closely with them to improve their operations, grow their market share, and enhance their profitability. Over time, DBAN aims to sell its stakes at a profit, thereby realizing capital gains. Additionally, the company earns management fees from the funds it manages, which are sourced from institutional investors and other stakeholders. These fees are typically a percentage of the assets under management and may include performance-related fees based on the success of the investments. Significant partnerships with co-investors and strategic alliances also play a role in enhancing DBAN's investment capabilities and expanding its market reach.

Deutsche Beteiligungs Financial Statement Overview

Summary

Deutsche Beteiligungs demonstrates a solid financial position with zero debt and a strong equity base. However, the income statement reflects revenue volatility and profitability challenges, albeit with some improvement in net margins. The cash flow statement highlights improved cash generation but also indicates potential volatility in cash flow activities. Overall, the company shows financial resilience but needs to address revenue and profitability fluctuations to enhance its financial health further.

Income Statement

The income statement shows a significant volatility in revenue and profitability. The revenue growth rate is negative over the past year, with total revenue declining from 155.44M to 107.61M. Gross profit margin is consistently at 100% due to no reported cost of goods sold. Net profit margin improved to 44.2% in the latest period from 68.06% previously, indicating some recovery. However, the lack of EBIT and EBITDA figures in TTM data limits profitability assessment.

Balance Sheet

The balance sheet is robust with zero total debt, showcasing financial stability and a strong equity base. The debt-to-equity ratio is 0, reflecting zero leverage. The equity ratio is strong at 75.36%, suggesting a healthy financial structure. Return on equity stands at 6.9% in the latest period, showing decent returns on shareholders' investments.

Cash Flow

Operating cash flow has improved, with a positive free cash flow of 12.33M, representing a significant increase of 43.44% from the previous year. The operating cash flow to net income ratio is 0.27, indicating cash generation efficiency. Cash flow stability is a positive aspect, although fluctuations in investing and financing cash flows are noted.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	80.68M	160.76M	-55.73M	223.13M	16.48M
Gross Profit	107.61M	155.44M	-60.59M	220.46M	9.27M
EBITDA	55.46M	112.46M	-93.34M	188.31M	-13.57M
Net Income	47.51M	105.78M	-97.56M	185.13M	-16.76M
Balance Sheet
Total Assets	913.69M	708.27M	646.41M	734.95M	474.59M
Cash, Cash Equivalents and Short-Term Investments	150.37M	20.02M	19.16M	37.74M	18.37M
Total Debt	0.00	13.14M	42.45M	4.10M	17.82M
Total Liabilities	225.33M	38.89M	66.95M	36.19M	51.06M
Stockholders Equity	688.36M	669.38M	579.46M	698.76M	423.53M
Cash Flow
Free Cash Flow	12.33M	8.60M	28.66M	-7.73M	-7.18M
Operating Cash Flow	13.04M	9.35M	29.54M	-7.64M	-6.70M
Investing Cash Flow	-104.45M	48.67M	-57.67M	-47.00M	-8.38M
Financing Cash Flow	95.35M	-57.16M	9.56M	74.00M	-10.49M

Deutsche Beteiligungs Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 24.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:DBAN, the sentiment is Negative. The current price of 24.35 is below the 20-day moving average (MA) of 24.82, below the 50-day MA of 24.92, and above the 200-day MA of 23.73, indicating a neutral trend. The MACD of -0.28 indicates Positive momentum. The RSI at 43.33 is Neutral, neither overbought nor oversold. The STOCH value of 28.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:DBAN.

Deutsche Beteiligungs Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DBAN	74 Outperform	€454.14M	7.17	9.52%	5.13%	16.97%	-54.69%
MPCK	71 Outperform	€175.89M	10.46	13.29%	5.41%	12.21%	28.29%
B7E	70 Neutral	€80.30M	6.06	0.48%	3.63%	-24.50%	―
Sector *	67 Neutral	$17.04B	11.59	9.79%	3.95%	10.64%	1.81%
A7A	57 Neutral	€125.31M	―		―	―	―
MUX	49 Neutral	€585.02M	―	-46.48%	7.33%	12.21%	-199.48%
0AAW	―	€144.49M	―	-3.16%	1.66%	―	―